$1,725,000
SOLD MAY 17, 2017

411 Australian Ave Unit 3 Palm Beach, FL 33480

2 Beds
2 Baths
1,582 Sq Ft
$1,163/mo HOA Fee

Recently Sold

$1,090 Per Sq Ft

19 Days on Market

Highlights

  • Wood Flooring
  • Lanai
  • Fireplace
  • Palm Beach Public School Rated A-
  • Wine Refrigerator
  • Wet Bar

About This Home

As of March 2021

Perfectly located near Worth Avenue, this 2/2.5 is sophistication at its best! Well curated & owned by a renowned “House and Garden” editor, it lives large with beautiful details & yet is totally low maintenance. New kitchen/breakfast overlooks an enchanting garden & the rear patio provides a quiet relaxation area in the heart of town. Great for entertaining! 2 deeded, covered parking spaces.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 03/23/2017

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

Paulette Koch

The Corcoran Group License #3068398 Listed on: 03/23/2017

The Corcoran Group

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $18,157

Year Built

  • Built in 1994

Lot Details

  • Home has North and South Exposure
  • Back and Front Yard Fenced

HOA Fees

  • $1,163 Monthly HOA Fees

Interior Spaces

  • 1,582 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Sound System
  • Fireplace
  • Wood Flooring

Kitchen

  • Single Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Covered Parking

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434327730000030

Community Details

Overview

  • Association fees include insurance, maintenance exterior, trash, water
  • 3 Units
  • Las Aldeas Community
  • On-Site Maintenance

Pet Policy

  • Pet Restriction

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$18,157

Year Built

Built in 1994

Lot Details

0

HOA Fees

$1,163 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: S Lake Drive to Australian Avenue. Complex on the left hand side - easternmost unit.
  • Building Name: Las Aldeas
  • Year Built: 1994
  • Location Tax Legal:Name of Building: Las Aldeas
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 18157.0
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 1582.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 3490.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 3
  • General Property Description:_pound_ Floors: 2.0
  • Exposure of Unit:South2: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Security System: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Garbage Pickup: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Gas
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Interior Amenities: Cable, Fireplace, Sound System, Wet Bar, Smoke Alarms
  • Living Area: 1582.0
  • Stories: 2
  • Interior Features:Smoke Alarms: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Single: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Pool Features: No Pool
  • Pool Private: No
  • Exterior Features: Patio/Lanai, Fence - Back Wall, Fence - Front Wall
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Fence-Front Wall: Yes

Garage/Parking

  • Parking:_two_ Car2: Yes
  • Parking:Covered Parking: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Security System
  • Heating: Central Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Exterior, Trash, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434327730000030
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 3
  • Maintenance Expense: 3490.0

Tax Info

  • Tax Annual Amount: 18157.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2020
Closed on
Feb 22, 2021
Sold by
Simon Riley Llc
Bought by
Anton Frank and Anton Georgine
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
Dana Landry
Dana E. Landry
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Current Estimated Value
$3,380,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,080,784
Avg. Annual Appreciation
8.34%
Original Mortgage
$1,000,000
Outstanding Balance
$906,556
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,371,217

Purchase Details

Listed on
Sep 25, 2018
Closed on
Jul 31, 2019
Sold by
Balmuth Michael A
Bought by
Simon Riley Llc
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$2,350,000
Sold Price
$2,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.22%

Purchase Details

Listed on
Mar 23, 2017
Closed on
May 16, 2017
Sold by
Novogrod John C and Novogrod Nancy G
Bought by
Whitman John S
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$1,725,000
Sold Price
$1,725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.28%
Original Mortgage
$1,201,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2014
Closed on
Jun 2, 2015
Sold by
Nicole Mestanas G Nicholas and Nicole Nestanas
Bought by
Novogrod John C
Seller's Agent
ALISON NEWTON
The Corcoran Group
Buyer's Agent
Paulette Koch
The Corcoran Group
List Price
$1,339,000
Sold Price
$1,339,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.80%
Original Mortgage
$600,000
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Morris Jonathan H
Bought by
Mestanas G Nicholas

Purchase Details

Closed on
Mar 5, 2001
Sold by
Matthew B Lorentzen I
Bought by
Gaynor Vere E Trust

Purchase Details

Closed on
Sep 27, 1999
Sold by
Esther Joseph and Esther Burakoff
Bought by
Lorentzen Matthew B
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,300,000 Attorney
Warranty Deed -- Attorney
Warranty Deed $1,725,000 Attorney
Warranty Deed $1,339,000 None Available
Warranty Deed $1,450,000 --
Warranty Deed $750,000 --
Warranty Deed $550,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $1,201,500 New Conventional
Previous Owner $600,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $2,300,000 0.0% $1,454 / Sq Ft
03/02/2021 03/02/21 Sold $2,300,000 0.0% $1,454 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/27/2021 01/27/21 Pending -- -- --
06/19/2020 06/19/20 For Sale $2,300,000 -8.0% $1,454 / Sq Ft
03/09/2020 03/09/20 For Sale $2,500,000 +6.4% $1,580 / Sq Ft
06/03/2019 06/03/19 Sold $2,350,000 0.0% $1,485 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
09/25/2018 09/25/18 For Sale $2,350,000 +36.2% $1,485 / Sq Ft
05/17/2017 05/17/17 Sold $1,725,000 0.0% $1,090 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $1,725,000 +28.8% $1,090 / Sq Ft
06/03/2015 06/03/15 Sold $1,339,000 0.0% $846 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
06/04/2014 06/04/14 For Sale $1,339,000 -- $846 / Sq Ft
Source: Palm Beach Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $36,155 $2,400,000 -- --
2023 $35,746 $2,316,600 -- --
2022 $33,059 $2,106,000 $0 $0
2021 $29,118 $1,850,000 $0 $1,850,000
2020 $26,017 $1,550,000 $0 $1,550,000
2019 $22,352 $1,300,000 $0 $1,300,000
2018 $21,644 $1,300,000 $0 $1,300,000
2017 $18,660 $1,100,000 $0 $0
2016 $18,157 $1,050,000 $0 $0
2015 $14,429 $800,000 $0 $0
2014 $14,617 $800,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-777

APN: 50-43-43-27-73-000-0030